What is Consumer-Driven Healthcare?
Consumer-driven healthcare focuses on turning healthcare users into educated, empowered, accountable healthcare consumers. This happens by delivering: Consumer empowerment. Participants are given the power to make choices about how their healthcare dollars are spent. With empowerment, employees need information and tools to help research price and quality, select appropriate providers, become their own healthcare advocate, and ultimately, improve their health. Consumer accountability. Having participants be accountable for their health and healthcare decisions. One way is to give them more responsibility for the financial consequences associated with their health choices. Principal Life can help At Principal Life, we believe that adding consumer-driven elements can drive long-term reductions in the cost of healthcare and health benefits. We’re committed to developing new options that are grounded in member education and advocacy. These designs provide the valuable healthcare benefits e
